Suppose your friend wins the lottery and is thinking of buying a new Tesla for around $125,980.  The taxes on this vehicle will total $9,133.55.  What is the effective tax rate that your friend is paying on the Tesla?     92.75%     13.79%     12.79%     7.25%

Q: A family decides to give an allowance that varies with the age of the child. If the 13-year-old…

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Q: He's curious to see how much it will grow to if he earns interest on it. His mother tells him that…

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Q: An outfit is on sale for 25% off the original price. If the original price is $39.99, what is the…

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Q: I am earning $123,031 a year. After taxes I hace $99214 leftover. What percentage of my earnings am…

A: Earnings per year is $123,031.After taxes , leftover income is  $99214 Therefore, amount paid in…

Q: Valter makes $25.95 per hour and he works 37.5 per week. What is his annual gross earning if he gets…

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Q: Suppose you are shopping for a gift and see the item you want at 35% off. The price is usually $150.…

A: The objective of this question is to find out the sale price of an item after a discount of 35% on…

Q: If there is 24% increase on a $39 item, then how much is the new cost for next year? Round to the…

A: The objective of this question is to find out the new cost of an item after a 24% increase on its…

Q: Find the sales tax on a $29.99 purchase if the sales tax rate is 6 1/2%.

A: Purchase = 29.99Sales tax rate = 6.5%

Q: Don buys a car for $22,500. Don gets a loan for a year with an interest rate of 3% per year. How…

A: Using simple interest formula,

Q: 3 xp- 3.

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Q: s=1.99

A: Hypotheses: H0:μ=7Ha:μ<7 This is a left-tailed test as the direction of alternative hypothesis is…

Q: A bicycle helmet is priced at $18.50. If it is on sale for 10% off and there is 7% sales tax, how…

A: Bicycle helmet price $ 18 . 50  Off = 10 %  means 90 % is the price.

Q: Your property taxes come due annually and generally cost about $4,000. You decide that you would…

A: Given :- property tax generally cost about $4000 We decide to set aside some amount every month to…

Q: Compute Darryl's total Social Security and Medicare taxes for the third quarter, if she is…

A: We have to compute Darryl's total Social Security and Medicare taxes for the third quarter.

Q: An item is priced at $14.27. If the sales tax is 7%, what does the item cost including sales tax?…

A: Given that an item price is $14.27 and the sale tax is 7%. Therefore, Item price=14.27

Q: Find the Be pem of the sequence: term 6 16

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Q: The sales tax on a gift is 6%. If the amount of tax paid was $4.80, how much change would a buyer…

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Q: If .99 cents is 80% off of the original price, how do I find the original price?

A: suppose the original price was x80% off of the original price means x-x×80%It means we are reducing…

Q: A bag costs $ 300.00. If the sales tax is 5%, then how much would you actually pay for the bag?

A: To find the actual pay for the bag.

Q: Assume Buddy’s Farm Supply wants to make $45000 in net income. If the tax rate is 25%, how much…

A: Suppose a person earn operating income to be $x and on this income he has to pay  as a tax rate then…

Q: Suppose you have a coupon worth 6 dollars off any item at a mall. You go to a store at the mall that…

A: There are two ways: 1) I can use the coupon first and then use the 20% discount  2) I can use the…

Q: The starting salary for an RN at Midwest Hospital is $62,287.  If a nurse receives a 3% raise each…

A: Starting salary is $62,287 and nurse receives a 3% raise each year. Therefore salary in the nth year…

Q: You want to buy a 2020 Honda CRV, those run $20,050. You are going to put $2000 down. How much would…

A: Given, Price of Honda = $20,050 Down payment = $2000 We will find how much amount to be paid by…